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please correct me if i am wrong...but a SH or group of SH...

  1. 122 Posts.
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    please correct me if i am wrong...but a SH or group of SH holding at least 10% of the shares of the shares in a Company can request the board to convene an EGM by sending a signed notice to the Company at its Registered Office. The EGM is utilised to deal with urgent matters that come up between Annual General Meetings. Upon the submission of a valid request, the board of directors of the company must call for the EGM within 3 weeks . In case the board fails to do so, the SH can themselves call the EGM within 3 months of depositing the request. The only issue in all this is the time
 
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Currently unlisted public company.

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